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Last updated: 12:28:24 Sunday Nov 2, 2008


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  • CEOs, famous investors hit hard by market plunge
    NEW YORK - Here's something that might provide a bit of solace amid the plunging values in your retirement accounts: Warren Buffett is losing lots of money, too. So are Kirk Kerkorian, Carl Icahn and Sumner Redstone.   People:Jeff Bezos Sumner Redstone Steve Ballmer Carl Icahn Kirk Kerkorian Warren Buffett   Activities:Global Credit Crisis   2008-11-02

    Weak earnings rouse worries about global recession
    WASHINGTON - A barrage of poor earnings Wednesday from major corporations revived worries of a global recession and showed the depth of the financial crisis the Bush administration is trying to tackle.   Nations:U.S. South Korea   People:Henry Paulson Warren Buffett   Activities:2008 U.S. Recession Global Credit Crisis   2008-10-22

    Yahoo to cut 1,400 jobs
    NEW YORK - Yahoo announced plans on Tuesday to lay off at least 10 percent of its workforce, some 1,400 employees, as the weak economy cut deeply into third-quarter profits at the struggling Web company.   Nations:U.S.   Source:(AFP)   2008-10-21

    Web traffic jam as people search for financial news
    The financial crisis has people flocking to the Internet for the latest money news along with tips on how to salvage investments and save on the routine costs of living.   Nations:France Italy U.S. Germany Spain   Source:(AFP)   2008-10-09

    Google postpones Yahoo online ad deal
    SAN FRANCISCO, (AFP) - Google said it is postponing a planned online advertising tie-up with Yahoo to allow more time for US anti-trust regulators to consider the ramifications of the deal.   Nations:U.S.   Source:(AFP)   2008-10-04

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